Apprenticeship Standard: Assistant Accountant Level 3 Apprenticeship
An assistant accountant provides support to internal and external customers and will work within a practice or the finance function of an organisation. Part of their role will involve assisting in the day-to-day financial activities such as data entry to month-end management accounts and/or year-end financial statements. In addition the assistant accountant may find themselves involved in regulatory financial requirements such as the completion of VAT returns or assisting in the preparation of tax computations.
The employer Trailblazer Group that created this Standard include Derbyshire NHS Trust, Brothertons, Charles Wells, Environment Agency, Forum Trust, La Livre, XPO Logistics, Tax Assist, DWP, PWC and KPMG.
Specific job roles may include Assistant Accountant, Trainee Accounting Technician, Accounts Clerk, Cashier, Finance Assistant, Purchase Ledger Clerk and Sales Ledger Clerk.
Responsibilities are likely to include:
- Assisting in the day to day financial activities such as data entry to month end management accounts and/or year-end financial statements
- Involvement in regulatory financial requirements such as the completion of VAT returns or assisting in the preparation of tax computations.
Typically this apprenticeship will take 15-18 months (min. 12 months).
Timeframes are flexible depending on the employer and/or the apprentice’s ability to be successful on the programme.
BPP can provide flexible study methods for the Level 3 programmes including:
- In Classroom face-to-face
- Online Classroom (recorded)
- Online Classroom Live (real time) or a mix of all three.
Apprentices without Level 2 English and Maths will need to achieve this level prior to taking the end-point assessment.
Professional Qualifications that can be included;
AAT – Advanced Diploma in Accounting
Knowledge, Skills and Behaviours
- Problem Solving
- Embracing Change
- Adding Value
- Ethics and Integrity
- Team Work
The On Programme Assessment ensures the apprentice is making good progress towards achieving competency in the Knowledge, Skills and Behaviours of an Assistant Accountant. At BPP Professional Education the apprentice will gain a recognised Level 3 qualification and all the examinations must be passed before sitting the End Point Assessment.
Both the apprentice and employer will be supported by a team of Programme Advisors and Skills Coaches who will ensure the apprentice completes the Knowledge, Skills and Behaviours required and is ready to sit the End Point Assessment.
The entry requirement for this apprenticeship will be decided by each employer, but may typically be five GCSEs, including Maths and English.
- Provide apprentices with a contract of employment for the duration of the apprenticeship on the first day of their apprenticeship and be paid at least a wage consistent with the law for both the time they are in work and in off-the-job learning.
- Employer must not ask the apprentice to contribute financially to the direct cost of learning.
- Provide the apprentice with paid time to attend off-the-job training, including additional support for English and Maths, or support accessed for learning difficulties and/or disabilities.
- Recognise that the apprentice must complete the apprenticeship within their working hours.
- Ensure apprentice spends at least 20% of their time in off the job training.
- Enter into a contract with BPP University.
- Support the apprentice to gain new skills.
- Be in full-time employment for at least 30 hours a week.
- Be an employee (have a contract of employment for the duration of the apprenticeship) on the first day of their apprenticeship and be paid at least a wage consistent with the law for both the time they are in work and in off-the-job learning.
- A citizen of a country within the European Economic Area (EEA**) or have the right of abode in the UK, and have been ordinarily resident in the EEA for at least the previous three years on the first day of learning.
- Not be enrolled on another apprenticeship at the same time.
- Has the right to work in England.
- Able to complete the apprenticeship in contracted working hours.
- Be in a new job role (nine months or less), or in an existing job role, where significant new Knowledge and Skills are needed – employer statement of justification needed (relevant to the apprenticeship).
As well as ensuring full competency as an Assistant Accountant, this standard provides the foundation for progression into a number of career paths in the Accounting sector including Audit Trainee, Corporate Recovery Analyst, Credit Controller or Tax Accountant.
Level 3 students can progress onto a level 4 apprenticeship Programme.
Costs and Government Funding
Employers will be able to draw up a funding cap of £9,000 per apprentice from the Digital Voucher Service to cover the training costs for this Apprenticeship Standard.